What’s Going On?
Miners Bank was recently chosen by the US Treasury to receive a $3.5 million investment from the Small Business Lending Fund (SBLF).
The SBLF was created to help banks provide more lending to small businesses in their market. Overwhelmingly, the new job creation in our country comes from the small business sector.
Miners Bank was the 21st bank in the country selected and the only one in our geographic market. The $3.5 million investment will allow Miners Bank to make about $40 million new commercial loans to the locally owned, privately held businesses in the marketplace. Job creation and capital investment in Schuylkill and southern Luzerne counties can benefit.
The strategic focus for Miners Bank is to provide the products and services—loan and cash management—that these businesses need to grow. Try us out. That’s what’s going on.